The Underlying Properties Of Network Theory
NFX Masterclass · Season1: Network Effects · Episode2
Speakers: James Currier
What are network effects? The basic idea of network effects is that every new user of your product adds value to the other users of your product. There's lots of different network effects, which fall into that category but that's the basic idea. Most people stop there and say, "There are network effects or not," which is not the case. Most people don't understand if you look closely, you notice they behave differently. They have different mechanics to them. How you would build your product to enhance them or to grow them is different depending on which network effects you're actually building.
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What Thought Leaders Are Saying
Melia Russell
Melia Russell
Business Insider
"NFX has emerged as a prolific early-stage venture firm. The firm stands apart with its focus on developing software for founders and providing it for free. The NFX Masterclass builds on a firm tradition of aiding founders. It invites founders to settle in with a cup of coffee and hear from their investors for over three hours, giving them a taste of all the guidance and support the firm has to offer."
Nir Eyal
Nir Eyal
Author of Hooked: How to Build Habit-Forming Products
"NFX has given the startup community a tremendous gift. This course on network effects is essential viewing for any founder, investor, or business leader who wants to make an impact. It is entertaining, important, comprehensive, and most importantly, practical."
Adam Grant
Adam Grant
#1 New York Times bestselling author of THINK AGAIN and host of the TED podcast Re:Thinking
"Network effects are jet fuel for tech companies, but few founders truly understand them. This masterclass will get you thinking—and rethinking—about strategies for growing and scaling your startup."
Mario Gabriele
Mario Gabriele
The Generalist
"A thoughtful exploration of the startup world’s ultimate superpower: network effects. If you want to understand and master the mechanics that power great companies, this is an exceptional resource."
Simone Cicero
Simone Cicero
Boundaryless
"Exceptional work, and the contribution to founders -- by making this free to access --is going to be massive."
Robbie Vorhaus
Robbie Vorhaus
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"A founder ten years ago would have to spend a tremendous amount of time and money to acquire this much valuable information. Mind-blowing that I can learn from @peteflint in my kitchen for free. Thank you. @nfx"
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FAQ
What is NFX Masterclass?
NFX Masterclass is the first video streaming platform built exclusively for early-stage founders. 100% free. It is built by NFX, the world’s largest dedicated pre-seed and seed venture firm and the creator of popular free founder products including BriefLink, a fundraising deck service, and Signal, the founder-investor network.
Is NFX Masterclass really free?
Yes. NFX Masterclass is 100% free and we will never charge for it. Our mission is to build tools that benefit the startup community. As founders ourselves, we have engineered network effects into 10 businesses valued at $10B+. We believe the more founders and startup teams that master the power of network effects, the more value will be created in the world.
Who is NFX Masterclass for?
Founders, CEOs, startup teams, growth leaders, marketers – and anyone who wants to move fast and find a competitive edge in their professional and personal lives.
Why do I need a login to access NFX Masterclass?
When you register for NFX Masterclass, you automatically get access to all the episodes, supplementary material, and transcripts and will be first to know when new seasons drop. You can also save your progress, to keep watching wherever you left off.
Are there upcoming seasons of NFX Masterclass?
Yes, upcoming seasons will drop soon. They are all focused on helping early-stage founders unlock their competitive edge. Viewers of Season 1: The Network Effects Masterclass will get first access to these seasons. Tweet @NFX to share wishlist topics you would like to see us cover in the future.
Is there an audio-only version of NFX Masterclass?
Yes, you can listen to NFX Masterclass once you are logged in. The full experience includes videos, diagrams, and reading material.
Where did you film Season 1: The Network Effects Masterclass?
At various locations around the Bay Area: In the Craftsman House, at Sea Ranch, in our NFX offices in San Francisco and Palo Alto, in the Mammoth Biosciences office, and also at home in San Francisco with one of our GPs.